CITY MOVES | WHO’S SWITCHING JOBS

Hoare Capital
The agency broker has appointed Tim Cartmell as chief operating officer and promoted Sergio Marques and Andrew Sheppard to partner.

Cartmell (pictured) currently runs the firm’s credit desk, having previously held positions as head of gilt sales at JP Morgan and head of UK credit sales at Dresdner Kleinwort.

Marques is responsible for asset-backed securities and structured product sales, while Sheppard works in fixed income trading.

HSBC Private Bank
The private bank has appointed Inderjeet Hora as a director in its global South Asian diaspora (GSAD) team in the UK.

Hora joins from Merrill Lynch, where he was head of Europe, Switzerland and Dubai for the non-resident Indians (NRI) business. Prior to that, he worked for Citibank in India, Kenya, Muscat and London.

Unigestion
Philippe Gougenheim is to join the European asset management firm as a managing director and head of hedge funds.

Gougenheim joins from Man Investments, where he was a senior portfolio manager and chaired the investment committee. He was managing director of Millennium Capital Management between 2005 and 2008, and has previously headed up proprietary trading and interest rate derivatives teams at both Société Générale and JPMorgan.

Liberum Capital
The independent investment bank has hired Simon Smith from JP Morgan Cazenove to head up a new convertibles desk.

At JP Morgan Cazenove, Smith ran the highly successful convertibles desk for three years.

He will be joined by colleague Peter Turner, who arrives at Liberum with five years of experience trading convertibles and cash equities.

Synova Capital
The mid-market private equity fund has appointed Joe Wiley as an investment director and head of healthcare.

He also previously worked for Geneva-based Inventages Venture Capital after initially practising as a neurologist.

BNY Mellon
The financial services group has appointed James Malgieri as chief executive of its broker-dealer services division.

Malgieri joined the firm in 2002 and was latterly head of product management for its collateral management services arm.

He has over 25 years of industry experience and has been active in several industry associations and initiatives, including the Securities Industry Association, the Fixed Income Clearing Corporation and the Bond Market Association.

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